Tracy D.
Cash for keys- rewarding bad behavior
29 March 2016 | 80 replies
The reality is that professional landlords understand the greater costs associated with adopting this practice.
Ty Primers
Draftsman for Spec House ?
17 December 2018 | 8 replies
I am in North Carolina, and it looks like you can do the same in Missouri, but each city can adopt it's own legislation.
Emilio Mejia
Cash out Refinance with horrible credit
3 February 2023 | 14 replies
So any institutional investor will have some type of score minimum.
Amber Spence
Nightmare tenant, help!
19 January 2023 | 69 replies
Pursuant to... a contract case ...The Florida Supreme Court has adopted twelve factors that should be considered when determining a reasonable (attorney) fee.i) Time and Labor RequiredThe Court found that 40.6 hours was reasonable and necessary....v) Customary Fee in the CommunityThe Court found that the market rate for the hourly fees charged in the greater Central Florida area including Orange County, Seminole County and Volusia County by lawyers of comparable skill... is $350.00 to $425.00 per hour.vi) Whether the fee is fixed or continentThe Court found that the Plaintiff’s attorney’s fee in this case was wholly contingent.vii) Time limitations imposed by the client or the circumstancesThe Court found that the client imposed some time limitations for a speedy return of her deposit.viii) Amount involved and results obtainedThe amount involved the return of the tenant’s own funds which were returned in full to the Plaintiff....x) The “undesirability” of the caseThe Court found that tenant’s rights cases are generally undesirable cases to prosecute on behalf of the tenants....xii) Awards in similar casesThe Court found that the proposed award of fees is not unreasonable in relation to similar cases, the complexity of this case, and the time during which the litigation was pending.
Evan Torrens
Does anyone own a building with a cell phone tower on the roof?
11 January 2023 | 12 replies
The only “guaranteed” rent is 30 days, since they can terminate at anytime.This is why lending institutions typically do not provide any value to cell tower leases, when buyers are acquiring property with a cell tower lease.My background, I’ve sold over 90 cell tower lease contracts for property owners and my primary business is a cell tower lease consultant for property owners.
Brendan Novisky
Finding a Columbus Ohio market
30 October 2015 | 12 replies
There's lots of appreciation but cap rates are going down as institution investors are settling for less.
George Samios
Investing around Albany, NY
6 February 2020 | 13 replies
Troy has seen a lot of institutional investment in the last 2-3 years with a lot of higher end units and also bolstered by colleges and variety of employers that have come to the county.
David V.
Deducting passive RE losses from nonbusines income (salary)
16 April 2020 | 8 replies
Kyle Pomerleau, a tax expert at the right-leaning American Enterprise Institute, said the limit was one of the "poorly thought out" provisions in the 2017 law intended to reduce its deficit impact.Under the coronavirus relief legislation, the limit was suspended, enabling wealthy investors to use millions in losses to reduce their tax burdens.
Marc Estepa
Pros / Cons of buying a tiny home and adding it as an ADU
17 January 2021 | 12 replies
Their oppressive housing laws and levies have essentially forced many Californians to adopt this new trend.
David Ferguson
Purchasing a vacation rental in Barbados.
5 February 2023 | 11 replies
The purchaser’s attorney also carries out searches with respect to the validity of the vendor’s title and also ensures that there are no encumbrances affecteingbthe property which may pass to the purchaser.Completion – once all formalities are completed, the purchase price is paid to the Vendor and the title deeds are handed over to and retained by the purchaser or a financial institution where the purchaser obtains financing.The above process usually takes 90 days and maybe shorter or longer depending on the complexity of the transaction.Please note that an Attorney’s fees are calculated based on a scale of fees set by statute namely the Legal Profession (Attorneys-at-Law)(Remuneration for Non-Contentious Business) Rules, 1997.